Savvy Trades and Investments

[researcher59]

This was a good report .... wage inflation was down sharply, not just a tiny bit. Last month it was 0.6% (12 x 0.6% = 7.2% annualized). This month it's down by 50% to 3.6% annualized. Also they revised last month down to 4.8% annualized. So it's an excellent trend and makes a soft landing more likely. Of course it's only 1 month, so can't draw conclusions, but it's encouraging.